GSC Group

Closed Funds
EQUITY AND DISTRESSED INVESTING - $1.4 billion
CONTROL DISTRESSED DEBT
GSC Recovery 2000, L.P. Closing Date: November 2000 $283.3 million	GSC Recovery 2005, L.P. Closing Date: October 2005 $566.8 million
GSC Recovery 2002, L.P. Closing Date: January 2002 $377.2 million	GSC Acquisition Co. Closing Date: June 2007 $205.0 million www.gscac.com

CORPORATE CREDIT - $8.2billion
U.S. CORPORATE DEBT
GSC Partners CDO Fund, Ltd. Closing Date: April 2000 $37.3 million GSC Partners CDO Fund II, Ltd. Closing Date: March 2001 $316.7 million GSC Partners Gemini Fund, Ltd. Closing Date: August 2002 $619.8 million GSC Partners CDO Fund IV, Ltd. Closing Date: December 2003 $421.8 million GSC Partners CDO Fund V, Ltd. Closing Date: December 2004 $583.8 million GSC Partners CDO Fund VI, Ltd. Closing Date: October 2005 $391.2 million	GSC Capital Corp. Loan Funding 2005-1 Closing Date: January 2006 $299.7 million GSC Partners CDO Fund VII, Ltd. Closing Date: May 2006 $398.6 million GSC Partners CDO Fund VIII, Ltd. Closing Date: March 2007 $351.2 million GSC Investment Corp. Closing Date: March 2007 $179.6 million www.gscinvestmentcorp.com GSC Investment Corp. CLO 2007, Ltd. Closing Date: January 2008 $403.6 million
EUROPEAN CORPORATE DEBT
GSC European CDO I-R, S.A. Closing Date: July 2003 $530.0 million GSC European CDO II, S.A. Closing Date: June 2005 $601.5 million GSC European CDO III, S.A. Closing Date: May 2006 $646.5 million	GSC European CDO IV, S.A. Closing Date: March 2007 $618.5 million GSC European CDO V, PLC Closing Date: May 2007 $461.4 million
CORPORATE MEZZANINE LENDING
GSC European Mezzanine Fund L.P. Closing Date: July 2000 $148.2 million	GSC European Mezzanine Fund II, L.P. Closing Date: April 2005 $958.6 million

STRUCTURED MORTGAGE PRODUCTS - $12.4 billion
REAL ESTATE INVESTMENT TRUST
GSC Capital Corp. Closing date: July 2005 $72.1 million (direct investments) www.gsccapitalcorp.com Sponsored Transactions: GSC ABS CDO 2005-1 Closing Date: January 2006 $500.0 million GSC Capital Corp. Mortgage Trust 2006-1 Closing Date: March 2006 $279.4 million	Sponsored Transactions (continued): GSC ABS CDO 2006-1c Closing Date: March 2006 $550.0 million GSC Capital Corp. Mortgage Trust 2006-2 Closing Date: June 2006 $346.3 million GSC ABS CDO 2006-3g Closing Date: January 2007 $1.60 billion
STRUCTURED FINANCE
GSC Eliot Bridge Master Fund I, Ltd. Closing Date: December 2007 $16.4 million Sponsored Transactions: Cetus ABS CDO 2006-1 Closing Date: July 2006 $909.1 million Palmer ABS CDO 2007-1 Closing Date: March 2007 $943.7 million	GSC ABS CDO 2006-2m Closing Date: May 2006 $480.4 million Cetus ABS CDO 2006-2 Closing Date: September 2006 $916.5 million GSC ABS CDO 2006-4u Closing Date: October 2006 $737.7 million Cetus ABS CDO 2006-3 Closing Date: November 2006 $1.17 billion Cetus ABS CDO 2006-4 Closing Date: November 2006 $1.49 billion Laguna Seca ABS CDO Closing Date: March 2007 $496.7 million GSC ABS CDO 2007-1r Closing Date: April 2007 $746.2 million Squared CDO 2007-1 Closing Date: May 2007 $1.10 billion Pendulum Fund I, L.P. Closing Date: October 2007 $59.9 million

$22.0 billion in assets under management as of March 31, 2008. Numbers do not foot because listed funds do not include funds which have not held a final closing.

Note Regarding Calculation of Assets Under Management (AUM) Assets under management (“AUM”) includes leverage, warehoused assets and uncalled capital commitments, if applicable. The calculation methodology of AUM varies by business unit and fund structure. Amounts may not total due to rounding. The AUM of the accounts managed by the Equity and Distressed Investing/Control Distressed Debt and Corporate Credit/Corporate Mezzanine Lending divisions, certain Corporate Credit/U.S. Corporate Debt CDO accounts, GSC Capital Corp. and GSC Investment Corp., represents the sum of cash, uncalled capital commitments, as applicable, and the market value of each investment. The AUM of certain Corporate Credit/U.S. Corporate Debt CDO accounts and the European Corporate Debt CDO accounts represents the principal balance of the underlying assets adjusted for defaulted securities plus the market value of equity securities, all as measured under the relevant account documents. The Structured Mortgage Products/Structured Finance CDO accounts hold both synthetic and cash investments for which the AUM represents the notional value of the underlying investments in the accounts plus any uninvested cash balances. The AUM of the Structured Mortgage Products whole loan accounts represents the sum of the outstanding principal balances of the underlying loans. In all cases, the value of the underlying assets may differ significantly from the AUM calculations set forth herein. AUM is calculated as of the indicated date. The calculations do not reflect changes in the number or size of GSC Group funds since that date.